News

The National Grocers Association held its annual meeting recently in Las Vegas and Candice Lastimado of Seattle-based Metropolitan Markets came away the big winner.

The number of retail industry innovators on the agenda for Shoptalk now exceeds 230 and organizers of the event slated for mid-May aren’t done yet.

Michael Reed has been promoted to VP real estate for Stater Bros. Markets.

Reed joined Stater Bros. in 2014 as senior director of real estate, a position he held until his recent promotion. He will report to president and CEO Pete Van Helden.

Prior to Stater Bros., Reed served as real estate store development manager for Starbucks where he was responsible for growing the company’s Mid-West and Western Mountain regions.

Stater Bros. operates 168 supermarkets in California.

American Eagle Outfitters announced that Mary Boland, chief financial and administrative officer, plans to retire effective April 1, 2016.

The retailer is currently conducting an active search for a successor.

In the interim, Scott Hurd, American Eagle’s chief accounting officer, will lead the day-to-day management of the finance team and assume the role of interim CFO.

Michael Reed has been promoted to VP real estate for Stater Bros. Markets.  
 
Reed joined Stater Bros. in 2014 as senior director of real estate, a position he held until his recent promotion. He will report to president and CEO Pete Van Helden.

Prior to Stater Bros., Reed served as real estate store development manager for Starbucks where he was responsible for growing the company’s Mid-West and Western Mountain regions.  

Stater Bros. operates 168 supermarkets in California.

An unusual and dramatically-lit exterior adds to the excitement at Jordan’s Furniture’s new store in New Haven, Connecticut. It also signals to passers-by that Jordan’s is not your typical furniture store — not by a longshot.

San Antonio-based fast fashion retailer A’Gaci is all about staying current with trends.

Not only does A’Gaci maintain a close eye on what its customer base of 18-to-24-year-old women is wearing, but also on trends in-store performance. Operating 65 stores in 10 states and Puerto Rico with plans to add 20 more U.S. locations in the next year, A’Gaci needs a current view of what’s happening in its brick-and-mortar space.

Food Lion is making a major investment in store remodels.

The grocer announced it will remodel 142 stores in the greater Charlotte, N.C., market in 2016. Food Lion said it will invest $215 million in the stores, which includes remodeling, additional price investments throughout the year and investments in associates and the community through its Food Lion Feeds initiatives.

Citing union sources, The Bellingham Herald on Tuesday reported that Albertsons is prepared to acquire the remaining core stores of Haggen with the blessing of the Federal Trade Commission. "It appears that other bidders are not going to raise their bids or otherwise make them qualified bids, so the scheduled auction is cancelled and the sale to Albertsons will be put before the court for approval in the next week," representatives of Haggen union workers released in a statement.